Marriott International Inc. and Iconic Group today announced the signing of an agreement to introduce Courtyard by Marriott to Penang Mainland with Courtyard by Marriott Penang Icon City. This signing further strengthens Marriott’s strategic relationship with Iconic Group and reinforces the global hospitality company's continued expansion across Malaysia. Located within ... Read More

Tropicana Corporation Bhd’s subsidiary, Tropicana Macalister Avenue (Penang) Sdn Bhd, has signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd to sell Courtyard by Marriott Penang for RM165 million. The transaction will generate a surplus cash of approximately RM80.8 million for Tropicana, contributing to a reduction in ... Read More